About Institute Magica
Institute Magica is a company based in Nagpur (India) founded in 2018. It operates as a B2B. Institute Magica operates in a competitive market with competitors including Accruent, Envoy, Eden Workplace, HqO and FM Systems, among others.
- Headquarter Nagpur, India
- SectorsBusiness Services
- Email••••••••
- Phone•••• ••••
- Website institutemagica.com
- Social LinkedIn
- Legal Name Techior Solutions Private Limited
- Date of Incorporation 22 Mar, 2007
- Jurisdiction Nagpur, Maharashtra, India
- Annual Revenue₹79.8 Lakh
FY 2019 · +8% YoY
- Net Loss-₹3.4 Lakh
FY 2019 · -4% margin
- EBITDA-₹8.8 Lakh
FY 2019 · -11% margin
Associated legal entities of Institute Magica
Institute Magica operates through Techior Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Techior Solutions Private Limited CIN U72200MH2007PTC169037 | Active | 22 Mar 2007 | Nagpur, Maharashtra | ₹0.8 Cr | – | 2 | View details |
Apps and channels of Institute Magica
Institute Magica publishes 3 mobile apps with over 1.1K+ downloads.
Board of directors of Techior Solutions Private Limited (Institute Magica)
Techior Solutions Private Limited is the primary company behind Institute Magica. The board of Techior Solutions Private Limited currently have 2 directors; the longest-serving is Avinash Moharil, appointed in 2007.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Avinash Moharil DIN 01171974 | Director | 22 Mar 2007 | 19 yrs 6 mo | Techior Solutions Private Limited |
| Neelam Moharil DIN 01171987 | Director | 22 Mar 2007 | 19 yrs 6 mo | Techior Solutions Private Limited |
Financials of Institute Magica
Figures of Techior Solutions Private Limited, the primary company behind Institute Magica, for FY 2019. Revenue was ₹79.8 Lakh (+8% year on year). Net loss was -₹3.4 Lakh (-4% margin). EBITDA was -₹8.8 Lakh (-11% margin).
- ₹79.8 LakhRevenue · FY 2019 · +8% YoY
- -₹3.4 LakhNet loss · -4% margin
- -₹8.8 LakhEBITDA · -11% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Techior Solutions Private Limited are on its company page.
Detailed financial statements for Institute Magica
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Competitors of Institute Magica
Institute Magica operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Accruent, Envoy, Eden Workplace, HqO and FM Systems, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| accruent.com | 1995 | Austin, United States | $69.33M | 595 | SaaS-driven IWMS solutions are provided for construction and facilities management. | |
| envoy.com | 2013 | San Francisco, United States | $170.5M | – | Envoy is recognized for providing workplace management solutions. | |
| edenworkplace.com | 2015 | San Francisco, United States | $41.61M | 31 | SaaS-based workplace management software for offices is delivered. | |
| hqo.com | 2018 | Boston, United States | $156.85M | 149 | SaaS-based management solutions are offered for commercial buildings. | |
| fmsystems.com | 1984 | Raleigh, United States | – | 153 | Facility, maintenance, and workplace management solutions are delivered. | |
| nuvolo.com | 2013 | Paramus, United States | $56.09M | 79 | Cloud-based software for connected workplace management is provided. | |
| tangoanalytics.com | 2008 | Dallas, United States | $30.9M | 131 | Cloud-driven software for integrated workspace management is offered. | |
| smartenspaces.com | 2017 | Singapore | $12M | – | AI-enabled solutions for asset and space management are provided. | |
| eptura.com | 2012 | Atlanta, United States | $28M | – | Integrated workplace management systems are provided for facility managers. | |
| coor.com | 1998 | Stockholm, Sweden | – | – | Commercial property cleaning services are provided by Coor. |
Detailed competitors of Institute Magica
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- Full competitor set
- Operating metrics
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Similar companies to Institute Magica
10 companies that operate in the same segment as Institute Magica (Facility Management Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based software is provided for managing outdoor events and activities. | 1999 | Dallas, Texas, United States | USD 313.84 M | – | 2,458 | |
Provider of smart thermostats for commercial and residential applications | 2007 | Toronto, Ontario, Canada | USD 151.52 M | – | – | |
Envoy is recognized for providing workplace management solutions. | 2013 | San Francisco, California, United States | USD 170.5 M | – | – | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
Cloud-based video intercoms and physical security systems are provided. | 2000 | Tysons, Virginia, United States | USD 137.36 M | USD 1.01 B | 2,009 | |
Provider of interior design, product supply, and project management services for facilities | 2011 | Mumbai, Maharashtra, India | USD 21.3 M | USD 10.46 M | 292 | |
End-to-end energy management solutions are provided for utilities worldwide. | 1896 | Zug, Zug, Switzerland | USD 1.03 B | USD 1.17 B | 6,300 | |
Corporate workplace and cafeteria digitization solutions are provided. | 2014 | Bengaluru, Karnataka, India | USD 2.24 M | USD 24.03 M | 594 | |
Cloud and app-based facility management and service automation platform | 1999 | New York, New York, United States | USD 56 M | – | – | |
SaaS-based CAFM software is delivered for commercial facility management. | 1995 | Leicester, England, United Kingdom | USD 23.43 M | USD 98.38 M | 774 |
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Frequently Asked Questions about Institute Magica
Institute Magica was founded in 2018.
Institute Magica is headquartered in Nagpur, India. It is registered at Nagpur, Maharashtra, India.
The primary company behind Institute Magica, Techior Solutions Private Limited, reported revenue of ₹79.8 Lakh for FY 2019, up 8% year on year.
Institute Magica, based in Nagpur, focuses on leveraging cutting-edge technology, software and apps, handling facility management, and integrated solutions. An app-based platform for integrated facility management solutions. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Institute Magica operates through Techior Solutions Private Limited.
The legal entities of Institute Magica currently have 2 directors, including Avinash Moharil, Neelam Moharil.
Yes. Institute Magica publishes Institute Magica for Students and 2 more apps, with over 1,100 downloads.